Common use of Acceleration; Remedies Clause in Contracts

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder), the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, take any of the following actions:

Appears in 9 contracts

Samples: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Canada Holdings Inc), Credit Agreement (Chattem Inc)

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Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder), the Agent may, with the consent of the Required Lenders, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, Borrower take any of the following actionsactions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 7 contracts

Samples: Credit Agreement (DCP Midstream Partners, LP), Bridge Credit Agreement (DCP Midstream Partners, LP), Credit Agreement (Spectra Energy Partners, LP)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders or cured to the satisfaction of the Required Lenders (or pursuant to the Lenders as may be required hereundervoting procedures in Section 10.6), the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, Borrower take any of the following actions:

Appears in 6 contracts

Samples: Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder), the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, take any of the following actionsactions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Credit Parties, except as otherwise specifically provided for herein:

Appears in 3 contracts

Samples: Credit Agreement (Gorges Quik to Fix Foods Inc), Credit Agreement (Steel Heddle International Inc), Credit Agreement (Anchor Holdings Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders or cured to the satisfaction of the Required Lenders (or pursuant to the Lenders as may be required hereundervoting procedures in Section 10.6), the Administrative Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, Borrower take any of the following actions:: (a)

Appears in 3 contracts

Samples: Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc), 364 Day Credit Agreement (Autozone Inc)

Acceleration; Remedies. Upon the occurrence and during the ---------------------- continuance of an Event of Default, Default and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or all of the Lenders as may be required hereunder), the Agent shall, upon the request and direction of the Required LendersLenders may, by written notice to the BorrowerBorrowers, take any of the following actions:

Appears in 1 contract

Samples: Credit Agreement (Davel Communications Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (and/or the Lenders or the Required Lenders as may be required hereunderpursuant to Section 11.5), the Administrative Agent shall, upon the request and direction of the Required LendersLenders (and/or the Lenders or the Required Lenders as may be required pursuant to Section 11.5), by written notice to the Borrower, take any of the following actions:

Appears in 1 contract

Samples: Credit Agreement (Medical Staffing Network Holdings Inc)

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Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required requisite Lenders (or pursuant to the Lenders as may be required hereundervoting requirements of Section 11.6), the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, Borrower take any of the following actions:

Appears in 1 contract

Samples: Credit Agreement (Apria Healthcare Group Inc)

Acceleration; Remedies. Upon the occurrence occurrence, and during the continuance, of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder), ) the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, take any of the following actions:

Appears in 1 contract

Samples: 364 Day Credit Agreement (Maxim Group Inc /)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder), the Agent shall, upon the request and direction of the Required Lenders, by written notice to the BorrowerBorrowers, take any of the following actionsactions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Credit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Deltic Timber Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such so long as an Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder)is continuing, the Agent shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, Borrower take any of the following actions:

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

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